EC Sales lists - changes from 1 January 2010

Rebecca Benneyworth looks at the amended requirements in relation to EC sales lists from 1 January 2010

EC Sales lists (ESLs) have been around for some years now. Those supplying goods within the EU which are taxed under the acquisition basis are required to submit sales lists on a quarterly basis listing the value of supplies made to, and the EU VAT numbers of each customer during the calendar quarter. This enables the cross border policing of the acquisition VAT – in broad terms in any event.